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Chris Pappalardo

Owner | The Chris Pappalardo Team | KW One

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111 Spring St , Durham, NC 27703
$350,000
Est. Payment: $777.78/mo
0 Bed
0 Bath
0 Sqft
Status: Active | Days on site: 0
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T1601 - 83109
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from , its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House Description

BUILDERS & INVESTORS — MULTIPLE-UNIT POTENTIAL MINUTES FROM RTP & RDU. Nearly 1/2 acre with a survey showing potential for multiple units and the possibility of creating smaller lots, subject to applicable approvals. Water and sewer are available at the street, and the fairly level topography makes this an unusually compelling development opportunity in a highly convenient Triangle location. Located just minutes from Research Triangle Park and RDU International Airport, this property combines location, utility access, usable land, and development potential in one package. Whether you're looking to build multiple homes, create an investment project, or secure land in one of the Triangle's most strategically located areas, 111 Spring Street deserves a serious look. Survey attached. Multiple-unit potential. Water and sewer available. Nearly 1/2 acre. Minutes from RTP and RDU. Opportunities with this combination of location and development potential are difficult to duplicate. Contact the listing agent for survey details and additional information.
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Highlights

Listed by Steven Elliot , 919-830-7540 HomeSmart , 919-792-8062.

Property Type

Vacant Land
Lot/Acreage
0.49

County

Durham

 Neighborhood

Not in a Subdivision

Listing ID

10193283

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:0
  • ▪ Full Bathrooms:
Water:Public

Exterior Features

Lot Dimensions:98 x 219
Zoning:R-5
Sewer:Public Sewer
Principal Interest
$778
Taxes
$86

Home Price

$350,000

Loan Details

30 yrs
%

Down Payment

20%
$70,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$777.78

Principal

Taxes

Principal Taxes HOA Total
Monthly $777.78 $86.16 $0.00 $863.94
Yearly $9,333.33 $1,033.93 $0.00 $10,367.26
Total $280,000.00 $31,017.90 $0.00 $311,017.90

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Durham, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.